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The Latest Breaking News from Deficit

Coffee Prices Retreat as They Consolidate This Week's Rally

September arabica coffee (KCU24 ) on Wednesday closed down -6.40 (-2.56%), and Sep ICE robusta coffee (RMU24 ) closed down -157 (-3.39%). Coffee prices Wednesday closed sharply lower as they gave back some of this week's sharp gains and consolidated the recent rally. Losses in robusta coffee accelerated Wednesday on...

Barchart

Coffee Prices Consolidate This Week's Sharp Rally

September arabica coffee (KCU24 ) today is down -6.10 (-2.44%), and Sep ICE robusta coffee (RMU24 ) is down -153 (-3.30%). Coffee prices today are moderately lower as they give back some of this week's sharp gains and consolidate the recent rally. Losses in robusta coffee accelerated today on a...

Barchart

Coffee Prices Settle Sharply Higher on Dry Weather and Reduced Vietnam Exports

September arabica coffee (KCU24 ) on Tuesday closed up +15.55 (+6.63%), and Sep ICE robusta coffee (RMU24 ) closed up +286 (+6.58%). Coffee prices Tuesday rallied sharply for a second day, with Sep arabica and Sep robusta posting contract highs. Also, nearest-future July robusta posted an all-time high, and nearest-future...

Barchart

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Coffee Prices Surge on Dry Weather and Reduced Vietnam Exports

September arabica coffee (KCU24 ) today is up +12.55 (+5.35%), and Sep ICE robusta coffee (RMU24 ) is up +212 (+4.88%). Coffee prices today are sharply higher for a second day, with Sep arabica and Sep robusta posting contract highs and nearest-future July robusta posting an all-time high. Coffee prices...

Barchart

Javier Milei Signs Economic Reforms Into Law

With his initial reforms now in effect, the Argentine president announced the "second phase" of his war against inflation and the deficit.

Reason

Coffee Prices Finish Sharply Higher on Risks to Global Coffee Production

September arabica coffee (KCU24 ) on Monday closed up +5.45 (+2.38%), and Sep ICE robusta coffee (RMU24 ) closed up +163 (+3.89%). Coffee prices on Monday rallied sharply, with arabica posting a 1-1/2 week high and robusta posting a 1-month high. Coffee prices are climbing because of the concern that...

Barchart

Bagnaia was expecting last-lap German GP showdown before Martin crash

Francesco Bagnaia believes the German Grand Prix would have gone down the wire had Jorge Martin not crashed on the penultimate lap and handed him an easy MotoGP win. Pramac rider Martin was circulating comfortably in the front as the Sachsenring race neared its conclusion, having started from pole position…

Motorsport

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Verstappen thought he’d be “fifth or sixth” in F1 British GP

Max Verstappen thought he would “finish fifth [or] sixth” in Formula 1’s 2024 British Grand Prix given Red Bull’s early pace deficit to Mercedes and McLaren before he recovered to second.

Autosport

'I was pretty sure I had a puncture' - Remco Evenepoel keeps calm amid late scare in Tour de France time trial win

Belgian lessens deficit to race leader Pogačar despite late puncture scare in stage 7 victory

Cycling News

US Trade Deficit Expands Less Than Expected In May: Govt

The US trade gap grew slightly less than expected in May, to the widest level since late 2022, government data showed on Wednesday, as exports and imports both slipped.

International Business Times

Is This Copper Mining Stock a Buy for Its Fat Dividend?

Southern Copper has a higher dividend yield compared to other copper mining companies. However, its valuations are also on the higher side, making a closer examination of the risk-reward necessary for prospective investors.

Barchart

I simulated each UK party’s first years in government in a video game, and the results were awful

For the past week, I’ve been feeding UK party manifestos into the politics management game, to simulate their results five years on … Are you ready to be dismayed?

The Guardian - UK

The U.S. deficit is nearly as big a Russia's economy, and there's a 'vicious' feedback loop that could make it worse

The CBO's new estimate for the fiscal 2024 deficit is now $1.9 trillion, up from its prior view for $1.6 trillion issued in February and up from the 2023 deficit of about $1.7 trillion.

Fortune

Fact-checking the Biden-Trump debate - Roll Call

FactCheck.org chronicles a relentless barrage of false and misleading statements in the first debate between Joe Biden and Donald Trump.

Roll Call

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The Canberra Times

How much rates will rise under a Liberal government

Lee says Canberrans would be $2000 better off on average.

Barchart

Cocoa Prices Under Pressure as Growing Conditions Improve in West Africa

September ICE NY cocoa (CCU24 ) on Wednesday closed down -58 (-0.74%), and July ICE London cocoa #7 (CAN24 ) closed up +3 (+0.04%). Cocoa prices Wednesday settled mixed. Cocoa is under pressure from reports of beneficial growing weather in the Ivory Coast and Ghana that should boost cocoa production....

Barchart

Cocoa Prices Slide on Favorable Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -42 (-0.54%), and July ICE London cocoa #7 (CAN24 ) is up +39 (+0.50%). Cocoa prices today are mixed. Cocoa is under pressure from reports of beneficial growing weather in the Ivory Coast and Ghana that should boost cocoa production. However,...

Barchart

NY Cocoa Falls on Ideal Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) on Tuesday closed down -72 (-0.91%), and July ICE London cocoa #7 (CAN24 ) closed up +138 (+1.80%). Cocoa prices Tuesday settled mixed, with NY cocoa posting a 1-month low. Cocoa prices are being undercut by reports of beneficial growing weather in the Ivory...

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Fortune

Treasury Secretary Janet Yellen blames Trump’s tax cuts for ‘many of the problems’ with the U.S.’s soaring budget deficit

Yellen says Trump’s policies gave tax breaks to wealthy corporations and individuals while increasing the national deficit.

Barchart

Cocoa Prices Pressured by Ideal Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -76 (-0.96%), and July ICE London cocoa #7 (CAN24 ) is up +142 (+1.85%). Cocoa prices today are mixed, with NY cocoa posting a 1-month low. Cocoa prices are being undercut by reports of beneficial growing weather in the Ivory Coast...

Autosport

How to watch WRC's Rally Poland: Schedule, line-up and more

This month’s Rally Sardinia featured the joint-closest finish for a win in World Rally Championship history, as Ott Tanak and Sebastien Ogier contested a thrilling battle. It culminated in Tanak claiming victory by just 0.2s after the Hyundai driver overhauled a 17.1s deficit to Toyota’s Ogier on the final day.…

The Canberra Times

Your five-minute wrap-up of the ACT budget

Here's a five-minute rundown of everything you need to know.

Barchart

Cocoa Prices Settle Sharply Lower on Beneficial Weather in West Africa

September ICE NY cocoa (CCU24 ) on Monday closed down -985 (-11.06%), and July ICE London cocoa #7 (CAN24 ) closed down -638 (-7.68%). Cocoa prices Monday sold off sharply, with NY cocoa sinking to a 1-month low and London cocoa falling to a 2-1/2 week low. Reports of beneficial...

Barchart

Cocoa Prices Plummet on Beneficial Growing Conditions in West Africa

September ICE NY cocoa (CCU24 ) today is down -997 (-11.20%), and July ICE London cocoa #7 (CAN24 ) is down -681 (-8.19%). Cocoa prices today have sold off sharply, with NY cocoa sinking to a 1-month low and London cocoa falling to a 2-1/2 week low. Reports of beneficial...

Fortune

The national debt is over $34 trillion. It’s time to tell the truth about the U.S. government’s finances

The U.S. government will pay close to $900 billion this year just in interest payments on the national debt.

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